Jio Finance Services Limited announced the launch of a new feature on its JioFinance app, enabling users to compare and invest in Fixed Deposits (FDs) from a diverse set of banks and NBFCs. This move positions the app as a comprehensive destination for digital-first financial services. Users gain access to rates up to 8.15 percent* per annum, leveraging infrastructure provided by Blostem Fintech Private Limited.
JioFinance App Expands Offerings with FD Platform
On February 11, 2026, Jio Finance Services Limited announced that the JioFinance app now hosts a platform allowing users to compare and invest in Fixed Deposits (FDs) offered by multiple banks and Non-Banking Financial Companies (NBFCs). This new feature aims to cement the app’s standing as a one-stop destination for simple, secure, and digital financial services.
Key Benefits for Users
The introduction of FDs is ideal for customers seeking stable, low-risk savings products through a fully digital, end-to-end journey. The key benefits highlighted include:
- Wide Range of FD Providers: Enables comparison across providers such as Unity Small Finance Bank, Suryoday Small Finance Bank, Bajaj Finance, Shriram Finance, Utkarsh Small Finance Bank, and Mahindra Finance, with filtering options by rate and tenure.
- Competitive Interest Rates: Offers rates of interest up to 8.15 percent* per annum, featuring high-yield options from Small Finance Banks and NBFCs.
- Simple and Secure Digital Booking: Supports a completely digital end-to-end process for booking FDs within minutes, requiring no manual intervention.
- Transparent Information: Users can review details on tenure, tax applicability, lock-ins, and terms and conditions of premature withdrawals.
- Consolidated FD Tracking: A unified dashboard allows monitoring of ongoing and closed FDs, including tracking returns, maturity dates, and renewal reminders.
Executive Commentary and Infrastructure
Commenting on the launch, Surbhe S. Sharma, Chief Executive Officer, Jio Finance Platform and Service Limited, stated that the offering is part of an endeavor to empower users to make smart money choices by removing friction in the discovery, comparison, booking, and tracking of FDs.
The fixed deposit offering is powered by Blostem Fintech Private Limited, which acts as a B2B banking infrastructure platform integrated as a Business Correspondent and/or Technical Service Provider (TSP) with various banks and NBFCs.
About Jio Financial Services Limited (JFSL)
Jio Financial Services Limited (JFSL) is registered as a Core Investment Company (CIC) with the Reserve Bank of India. JFSL operates a full-stack financial services ecosystem through subsidiaries including Jio Credit Limited, Jio Insurance Broking Limited, and Jio Payments Bank Limited. Furthermore, JFSL has entered into a 50:50 joint venture with BlackRock for asset management services through Jio BlackRock Asset Management Private Limited.
JFSL has also established a 50:50 joint venture with the Allianz Group to set up Allianz Jio Reinsurance Limited for offering reinsurance services in India, subject to regulatory approvals.
Source: BSE
